On the occasion of a TradeMalta seminar held on Thursday 28th June 2018 under the theme ‘Opportunities and Risks in Algeria for Malta-based Businesses’, Minister for Foreign Affairs and Trade Promotion Carmelo Abela underlined that the Malta-Algeria Joint Commission will strengthen relations between the two countries further.
“I am convinced the valuable insight gained from today’s seminar will not only help Malta-based companies identify more business opportunities in the Algerian market, but also deepen the bilateral relationship between Malta and Algeria.”
TradeMalta - through seminars, meetings and trade missions - are constantly exploring new ways to help Maltese companies internationalise their operations. “The avenues for further business cooperation between Malta and Algeria are many: from manufacturing, construction, education, health, renewable energy, aquaculture, digital economy, blockchain, medical tourism, and Malta’s proven ability to serve as a logistics hub through its air and maritime connections spanning many destinations across the globe, particularly the European continent. This is particularly attractive for Algerian companies seeking to explore new business opportunities in the European market, beyond Malta,” the Minister continued.
Tourism is another area of cooperation. Apart from leisure, business conferences and English language learning are just two areas that can grow. “I believe that Malta and Algeria can strengthen their partnership through their active involvement in regional fora and organisations such as the Mediterranean Tourism Foundation, and the 5+5 Western Mediterranean Dialogue, the presidency of which is currently shared between Malta and Algeria.”
Minister Abela recalled a number of important Memoranda of Understanding (MoU) and agreements that had been signed with Algeria recently, including a MoU on the Abolition of Visa for Nationals Holding Diplomatic and Official Passports, and an Air Services Agreement. “Malta and Algeria have enjoyed solid bilateral relations ever since 1975, with an increase in engagement recently. This has resulted in the opening of the Maltese Consulate General in 2014, followed by official visits to Algiers by the Prime Minister in 2015, and the President in 2016.”
The Minister also recalled his visit last January fondly. “I enjoyed discussing with my counterpart, Minister Abdelkader Messahel, issues such as the reactivation of the Malta-Algeria Joint Commission and the need to enhance connectivity between our countries. I hope to return with a trade delegation next year.”